Sector Trends     30-Dec-22
Sector
Castings, Forgings & Fastners

Sector

Market Cap

No of Companies

Castings, Forgings &Fastners

118627.621871233

44

 

Net worth

27021.12

TTM Sales

45152.03

TTM Sales Var (%)

31.96

Debt

14516.80

TTM OP

6630.78

TTM NP Var (%)

23.88

Capital Employed

44493.82

TTM OPM (%)

16.39

EV/TM Sales

2.63

Net Block

19891.75

TTM PATM (%)

8.06

EV/TTM EBITDA

19.80

Current Assets

26475.96

Debt / Equity

0.54

P/E

32.59

ROCE (%)

27.82

RONW (%)

13.47

P/B

4.39

The above figures are in Rs. Crores as of 30 Dec 2022

TTM ended September 2022

 

30 Dec 2022

30 Nov 2022

31 Dec 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

118627.62

115401.39

94566.12

2.8

25.44

Total Marketcap

28351684.72

29043220

26733712.54

-2.38

6.05

Sector's share

0.42

0.4

0.35

0.02

0.07

Sector No of companies

44

42

43

2

1

Total Listed companies

4237

4206

4115

31

122

Sector's share

1.04

1

1.04

0.04

0

Nifty 50

18105.3

18758.349609375

17354.05078125

-3.48

4.33

 

Gainers

Company Name

30/12/2022

30/11/2022

Var%

LGB Forge

11.91

9.71

22.66

Mahindra CIE

343.85

284.20

20.99

RamkrishnaForg.

262.40

220.35

19.08

Nelcast

99.35

86.45

14.92

Bhagwati Auto

275.95

242.95

13.58

Losers

Company Name

30/12/2022

30/11/2022

Var%

Akar Auto Indust

73.80

90.85

-18.77

DCM

81.05

93.30

-13.13

Hilton Met.Forg.

63.85

73.35

-12.95

PTC Industries

2539.15

2895.30

-12.30

Creative Casting

504.00

565.65

-10.90

 

During the month of December 2022, Castings, Forgings &Fastners sector's Marketcap increased 2.8% to Rs 118627.62 crore, compared to -2.38% fall in total listed marketcap to Rs 28351684.72 crore.

Sector's share of total listed marketcap moved to 0.42% in December 2022 from 0.4% in November 2022 and 0.35% in December 2021.

In terms of price appreciation in the sector, there were 18 gainers and 21 losers in the month of Dec 2022. The gainers accounted for 40.91% of sector companies, losers accounted for 47.73% of sector companies, while 5% remained unchanged.

The top 3 gainers were LGB Forge (22.66% gain), Mahindra CIE (20.99% gain) and RamkrishnaForg. (19.08% gain).

The 3 losers at the bottom were Akar Auto Indust (-18.77% fall), DCM (-13.13% fall) and Hilton Met.Forg. (-12.95% fall).

During the month Aditya Forge Ltd announced their results.

FIIs increased their shareholding in Ramkrishna Forgings Ltd from 13.56% to 14.52%, Nelcast Ltd from 0.03% to 0.83%, Bharat Forge Ltd from 18.82% to 19.30%, Mahindra CIE Automotive Ltd from 6.85% to 7.27%, Steelcast Ltd from 0.02% to 0.11%, M M Forgings Ltd from 0.83% to 0.91%, DCM Ltd from 0.00% to 0.06% and JayaswalNeco Industries Ltd from 0.00% to 0.03%. FIIs reduced their shareholding in AIA Engineering Ltd from 18.13% to 18.02% and Electrosteel Castings Ltd from 16.69% to 15.23%.

DIIs increased their shareholding in Sundram Fasteners Ltd from 17.59% to 18.53% and UniAbex Alloy Products Ltd from 0.03% to 0.59%. DIIs reduced their shareholding in AIA Engineering Ltd from 20.11% to 20.06%, Electrosteel Castings Ltd from 1.97% to 1.80%, DCM Ltd from 6.38% to 6.16%, Mahindra CIE Automotive Ltd from 7.74% to 7.46%, Sterling Tools Ltd from 6.56% to 5.72%, Bharat Forge Ltd from 24.24% to 23.25%, M M Forgings Ltd from 17.59% to 16.11% and Ramkrishna Forgings Ltd from 4.93% to 3.07%.

Promoters increased their shareholding in Investment & Precision Castings Ltd from 51.50% to 51.91%, Simmonds Marshall Ltd from 58.77% to 59.12%, Mahindra CIE Automotive Ltd from 74.87% to 74.96%, Ramkrishna Forgings Ltd from 46.24% to 46.27% and Porwal Auto Components Ltd from 37.16% to 37.17%. Promoters reduced their shareholding in M M Forgings Ltd from 56.34% to 56.33%, Synergy Green Industries Ltd from 74.16% to 74.02%, Sundram Fasteners Ltd from 49.69% to 48.51% and PTC Industries Ltd from 69.41% to 67.93%.

During the month Annual reports of Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, J S Auto Cast Foundry India Pvt Ltd, ISPL Industries Ltd, Sundram Fasteners Ltd, Tayo Rolls Ltd, BhagwatiAutocast Ltd, PoojawesternMetaliks Ltd, Ganga Forging Ltd, UniAbex Alloy Products Ltd, Oswal Castings Pvt Ltd, Kumar Autocast Ltd, Synergy Green Industries Ltd, Taparia Tools Ltd, Abhishek Alloys Pvt Ltd, Nitin Castings Ltd, Veltech Forging Ltd, Investment & Precision Castings Ltd, Sivanandha Steels Ltd, Pitti Castings Pvt Ltd, Metalyst Forgings Ltd, A Raymond Fastners India Pvt Ltd, Krishanveer Forge Ltd, Pritika Engineering Components Ltd, EL Forge Ltd, Simmonds Marshall Ltd, Smiths & Founders (India) Ltd, Ganesh Foundry & Castings Ltd, Aditya Forge Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, KIC Metaliks Ltd, JayaswalNeco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, Akar Auto Industries Ltd, PTC Industries Ltd, Oswal Industries Ltd, National Fittings Ltd, Lamina Foundries Ltd, Wheelabrator Alloy Castings Ltd, Mohindra Fasteners Ltd, Gazebo Industries Ltd, Nelcast Ltd, Creative Castings Ltd, Kolhapur Steel Ltd, DCM Engineering Ltd(Merged), AIA Engineering Ltd, AnupMalleables Ltd, Shri Balaji Industrial Products Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, Shree Ganesh Forgings Ltd, Mahindra CIE Automotive Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Vishnu Forge Industries Ltd, Samrat Forgings Ltd, Borgwarner Emissions Systems India Pvt Ltd, MS Agarwal Foundries Pvt Ltd, ArcvacForgecast Ltd, Sanghvi Forging & Engineering Ltd, BhagwatiSteelcast Ltd, Ravi Technoforge Pvt Ltd, CHW Forge Pvt LTd, Right Tight Fastners Pvt Ltd, Universal Autofoundry Ltd, Super Screws Pvt Ltd, Prashant Castings Pvt Ltd, Himgiri Castings Pvt Ltd, SE Forge Ltd, Dekson Castings Ltd, Posco-India Pvt Ltd, Captain Technocast Ltd, Tirupati Forge Ltd and KalyaniTechnoforge Ltd were updated in Capitaline.

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